21 Sep 2018
Fitch Ratings ups India's growth forecast to 7.8% for FY19
Fitch Ratings today upped India's growth forecast for the current fiscal to 7.8% from 7.4% projected earlier.
11 Apr 2018
India to grow 7.3% this fiscal, 7.6% in next: ADB
India's economic growth is expected to rebound to 7.3% this fiscal and further to 7.6% in 2019-20 with increased productivity post-GST and investment revival due to banking reform said the Asian Development Bank (ADB).
02 Feb 2018
After Budget, Sensex closes 839 points lower, Nifty cracks too
A day after Budget 2018, the markets shuddered and benchmark indices fell sharply, a consequence of the new long-term capital gains (LTCG) tax and other factors, analysts said.
12 Sep 2017
Indian banks need $65 billion to meet BASEL norms: Fitch
To meet BASEL III norms, Indian banks will need an additional $65 billion by March 2019, said Fitch Ratings. PSU banks would require 95% of it.
05 Apr 2017
RBI may get government help in tackling bad loans
The government is now mulling about passing a legislation, which will allow the Reserve Bank of India (RBI) to tackle stressed assets.
04 Apr 2017
Private sector projects have reached a standstill in recent quarters
According to Centre for Monitoring Indian Economy (CMIE), the progress of private sector projects has reached a roadblock.
28 Feb 2017
India's GDP increased by 7% in Q3
India's third quarter GDP grew at a faster-than-expected 7% pace despite demonetization in the quarter till December. It had been expected to grow 6.1% then.
30 Nov 2016
Quarter 2 GDP grows at 7.3%
The GDP of Q2 FY16-17 grew at 7.3% at constant prices (2011-12).